Are tenants in Overlook_townhouses required to obtain renter's insurance?
The Commonwealth of Virginia does not require that tenants in Overlook_townhouses to obtain renter’s insurance. However, leases prepared by our property managers require that tenants pay for renter’s insurance which pays for losses of the tenant's personal property due to theft, fire, tenant negligence, or if someone is injured at the property. A’s insurance policy protects the rental property from loss, but not the renter’s personal property if it is damaged, destroyed or stolen. Please contact your insurance agent to let them know that you are putting your property into service.
Landlord Reference
a good source for property owners in Overlook_townhouses
- Before you lease out your property in Overlook_townhouses
- Collections and evictions
- Communications with the renter
- During tenancy
- End of lease term and what happens when a tenant breaks the lease
- How does the owner get paid?
- How your rental manager handles the association and your community
- How your property management company handles utilities
- How Nesbitt finds tenants
- Insurance matters for owners using our rental management
- How Nesbitt Realty & Management manage keys
- Overlook_townhouses landlord responsibilities
- Maintenance, repairs & inspections for your property in Overlook_townhouses
- The move-in inspection
- Property management information form
- Selling a 1031 tax exchange & more
- Starting our management of your rental
- When landlords don't yet know their new address
- Vetting renters in Overlook_townhouses